LONG
SUPER TREND SCALPING / EURUSD SCALPINGBY THE HELP OF TWO TREND WE CAN TAKE THE POSITIONS
BUY ENTRY : WAIT FOR MAIN TREND CHANGE TO GREEN / THEN TAKE A LONG FROM THE FIRST GREEN ARROW IN SHORT TREND YOU CAN EXIT ON NEXT RED ARROW . YOU CAN REPEAT THE SAME UNTIL THE MAIN TREND CHANGES
SELL ENTRY : WAIT FOR MAIN TREND CHANGE TO RED/ THEN TAKE A SHOT FROM THE FIRST RED ARROW IN SHORT TREND YOU CAN EXIT ON NEXT GREEN ARROW . YOU CAN REPEAT THE SAME UNTIL THE MAIN TREND CHANGES
TIMES FRAMES 15 /30 /1 HOUR
ONE OF TRADINGVIEW'S MOST POWERFUL TOOLS - And it's 100% freeThis tool will eliminate 50% of your bad trades INSTANTLY!
Can you guess which one it is?
RSI?
Volume?
Trend lines?
Sexy rectangles?
No. None.
Anchored text!
Notice I have "SHORT ONLY" at the bottom right of the screen. Anchored text will appear on any time frame, so if you flick from Monthly to 15 minute it will always appear on screen in the same location. It's the T with an anchor under the text tool :)
So why is it so powerful?
Do your Fundamental research, create and idea first. Do you want to go long or short?
Is there is a huge monthly downtrend, would you buy in it?
Pick your direction FIRST, anchor the text to your chart and NEVER EVER go against it. Doesn't matter how good the set up is, only go in the direction you have decided!
BOOM! all them bad trades avoided.
Anchored text, you won't find people selling courses on that !
Make it rain!
EURUSD longEURUSD seems to setting up for a long move in the next few days.
- Price has been in a nice uptrend since 2nd october, and is just retesting the previous higher high.
- Price is also using the 50ema in the 1 hour as a dynamic support.
How I will enter:
I will be waiting for price to push a little bit lower and form wicked candles.
USDCAD is also approaching one of my resistance zones, if rejected price could potentially fall back down to the 1.32 - 1.18 region which will confirm this trade.